Sweden's Lindab Q4 sales miss estimates on currency impact

Lindab International AB

12/02/2026 06:12

Overview

Sweden-based ventilation solutions provider's Q4 net sales decreased 5%, missing analyst expectations

Adjusted operating profit increased but missed analyst estimates

Company completed divestment of Hungarian operations, plans Romanian divestment in early 2026

Outlook

Lindab expects slight growth in European ventilation market in 2026

Company plans to focus on internal measures to improve profitability

Profile Systems expected to stabilize in first half of 2026

Result Drivers

VENTILATION SYSTEMS - Achieved organic growth and improved profitability despite negative currency effects, driven by efficiency measures

PROFILE SYSTEMS CHALLENGES - Low volumes in Sweden and Denmark impacted profitability, though sales increased in Norway and through Swedish builders' merchants

RESTRUCTURING EFFORTS - Completed divestment of Hungarian operations and plans Romanian divestment as part of Eastern Europe restructuring

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 3.13 bln
SEK 3.22 bln (4 Analysts)
Q4 Adjusted EPS
SEK 0.52
Q4 Net Income
SEK 41 mln
Q4 Adjusted EBIT
Miss
SEK 203 mln
SEK 243 mln (4 Analysts)
Q4 EBIT
SEK 97 mln
Q4 Organic Growth
-3.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Lindab International AB is SEK222.50, about 15.1% above its February 11 closing price of SEK193.30

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nWkr6Ypb9c

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)